Foreclosures fall across Ohio

Numbers still higher than historical norms

5:20 AM,
May 4, 2013

Written by

Russ Zimmer
CentralOhio.com

Fewer homes and businesses were the subject of new foreclosure filings in 2012, according to data released Thursday by the Supreme Court of Ohio.

The final count on new foreclosure cases in Ohio courts in 2012 was 70,469, or about 1.5 percent less than 2011. The all-time high was reached in 2009, when 89,061 foreclosure proceedings were opened.

Although the 2012 numbers show the downward trend is continuing, foreclosures still are elevated compared to recent history. Ten years earlier, there were 55,274 filings. In 1992, there were fewer than 20,000. ...